I ‘invested’ 2 million, waited six months, and cashed out 1 million.
It’s really quite simple.
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The only long-term solution for the American worker is far better ‘edumacation.’ Collectively, we stink at science and mathematics.
Our reading and writing skills are very sub-par as well.
There are large numbers of us that cannot balance a checkbook, much less sift [...]
A stimulus program should stimulate the elements of the economy that have the greatest leverage and should do so in ways that increase Consumer Confidence. This makes the stimulus a jump start mechanisms that will produce sustained results.
1. About $30 billion to individuals as discounts on purchases of qualifying (adquate gas mileage) autos manufactured by [...]
In 2007, the average earnings of the 120 major-college football coaches hit $1 million, a USA TODAY analysis finds. They are being paid more than the presidents.
This is why US is and will be in trouble for long time to come.
Unless US stop all these kinds of wasteful spending, US will never get out of [...]
The mortgage servicers should simply pay the “homeowners” who cannot afford their mortgage payments a modest fee (a couple of thousand - less than the cost of foreclosure) to move out and deed back the homes they will NEVER pay for (don’t kid yourself - loan modifications are simply “leasing with the option to destroy”). [...]
Isn’t this the macro economic event all of the micro events have been pointing to? The US cannot bail out Lehman, Freddie, Fannie, AIG, etc without being caught up in their wake. The government is following the same bad business model that made some of these companies collapse. They are using short term debt to [...]
Not really. You can imagine a reverse of the scenario, where XYZ starts at $5 and then goes to $10 overnight. Suppose it IPO’d at $1 and then went to $10 on very small volume. The real cash that exchanged hands at the IPO was $1 million. But now that XYZ is at $10, suddenly [...]
SAN FRANCISCO (MarketWatch) — SanDisk Corp. late Monday reported it swung to a net loss of $155.2 million, or 69 cents a share, compared to a net income of $84.6 million, or 36 cents a share, in the third quarter last year. Excluding certain charges, net losses totaled $132 million, or 59 cents a share. [...]
CHICAGO – Judy Katz reached her breaking point with stocks when the Dow collapsed at the start of this month, free-falling as much as 2,400 points and taking a big chunk of her life’s savings with it before she hastily cashed out all of her funds.
Even though she’s $200,000 poorer and the market’s up 5 [...]
NEW YORK (MarketWatch) — Domestic jet fuel consumption among America’s airlines
in June declined about 4% from last year to 1.09 billion gallons, while the
industry fuel bill climbed 65% to $3.68 billion, according to preliminary data
released Friday by the U.S. Transportation of Statistics. The price for a gallon
of jet fuel jumped 68% to $3.39. Overseas, June [...]
BOSTON (MarketWatch) — Massachusetts Secretary of the Commonwealth William
Galvin has filed a complaint against Merrill Lynch & Co. related to the sale of
auction-rate securities, the market for which blew up during the credit crunch.
Among other things, the complaint alleges Merrill co-opted its research
department “to assist in sales efforts geared towards reducing its inventory of
auction-rate securities.” [...]
Expedia shares advance on talk of privatization
By MarketWatch
Last Update: 4:34 PM ET May 28, 2008
CHICAGO (MarketWatch) — Shares of online travel agency Expedia Inc. advanced
Wednesday on speculation that Barry Diller’s IAC/Interactive Corp. is considering
taking the company private, according to a published report.
Expedia’s (EXPE) stock rose $1.01 to close at $22.75, a gain of 4.7%, on [...]
Yamana Gold Post Higher 1Q Rev; Boosts Div >AUY
Last Update: 5/7/2008 5:00:34 PM
DOW JONES NEWSWIRES
Yamana Gold Inc. (AUY) increased its annual dividend to 12 cents a share from 4
cents, reflecting higher revenue and earnings in the first quarter.
The Toronto gold company earned $63.1 million in the latest quarter, up from
$27.4 million a year earlier. It [...]
Barrick Gold Posts Stronger 1Q Net On Higher Prices >ABX
Last Update: 5/6/2008 8:34:38 AM
DOW JONES NEWSWIRES
Despite lower gold production in the first quarter, a significantly stronger
realized gold price helped push Barrick Gold Corp.’s (ABX) earnings and sales
higher.
The gold company earned $514 million or 58 cents a share in its latest quarter,
compared with a loss of [...]
New AVP Crocs Cup Shootout and $1 Million Championship Will Bring a Heightened
Sense of Drama to an Already Exciting Pro Beach Volleyball Tour
New for this year, the AVP Crocs Tour will feature the “Crocs Slam,” “Crocs Cup
Shootout presented by Bud Light” and “$1 Million Crocs Cup Championship” as parts
of the 17-stop race for the Crocs [...]
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